2513 BEAUMONT AVENUE, MCALLEN, TX 78501

Homes for sale in Mcallen.

Homes for sale in 78501.


2513 Beaumont Avenue

McAllen, TX 78501

Status of the property has changed, please contact for details

List Price$510,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #488996

3,660

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

Welcome to 2513 Beaumont Avenue, a rare five-unit multifamily property located in the heart of McAllen. Each unit offers 2 bedrooms and 1 bathroom, making this an ideal choice for long-term tenants and strong rental demand. This property currently produces approximately $82,000 in gross annual income with $51,000 net, giving investors an immediate, healthy return with room to grow. Perfectly positioned just 3 minutes from Downtown McAllen and 4 minutes from the McAllen Convention Center, tenants enjoy unbeatable access to shopping, dining, entertainment, and major employment centers. ?? 5 total units -- all 2 bed / 1 bath ?? Strong existing cash flow ?? Stable tenant base ?? High-demand rental area ?? Minutes from major McAllen hotspots ?? Rare value-add or turnkey investment opportunity A PERFECT OPPORTUNITY FOR INVESTORS looking for passive income in one of the Valley's most desirable locations.

Property Features

Location Information

County

Hidalgo

Directions

Head WEST on Business 83 in McAllen towards N 23rd St. Turn SOUTH on N 23rd St then West on Beaumont Ave.

Subdivision

Alta Mira

Interior Features

Interior

Other

Appliances

Electric Water Heater, No Conveying Appliances

Cooling

Window Unit(s)

Total Number of Units

5

Floors

Tile

Features

None

Laundry

None

Exterior Features

Construction

Other

Parking Spaces

0

Foundation

Slab

Fencing

Other

Roof

Composition Shingle

Lot Size in Acres

0.155

Possession

Closing and Funding

Lot Size in Sq. Ft.

6,751

Septic or Sewer

City Sewer

Buildings

Outbuilding (None)

Water

Public

Energy Features

Other

Parking Description

No Carport, No Garage

Road Description

Paved

Garage Spaces

0

School

Elementary School District

McAllen ISD

Middle School

Travis

Elementary School

Thigpen-Zavala

High School

McAllen H.S.

Additional Information

Property Type

RI

Units in Complex

1

Property SubType

Multi Family

Taxes

6555

Year Built

1971

Tax Year

2025

APN

A300000019001000

Square Feet Source

HidalgoCAD

Status

Active

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Mortgage Calculator

$2,381

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,837

Monthly Tax

$425

Monthly Insurance

$119

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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